GPL - Grand Parade Investments Limited - Directorate changes

GPL - Grand Parade Investments Limited - Directorate changes                    
Grand Parade Investments Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1997/003548/06)                                           
Share code:  GPL                                                                
ISIN:  ZAE000119814                                                             
("GPI" or "the company")                                                        
DIRECTORATE CHANGES                                                             
In compliance with rule 3.59(b) of the Listings Requirements of the JSE         
Limited, shareholders of GPI are hereby advised that Mr Charl Williams          
has resigned as independent non-executive director of the Company with          
effect from Thursday, 21 July 2011.                                             
The board wishes to thank Mr Williams for his contributions during his          
tenure as independent non-executive director of the company and extends         
its best wishes to him in his future endeavors.                                 
In compliance with rule 3.59(a) of the Listings Requirements of the JSE         
Limited, shareholders of GPI are hereby further advised that the Board          
has appointed Mr Richard Hoption as executive director of the Company.          
His appointment takes effect from today.                                        
Richard has been an employee of the company since its listing and has           
served as the company`s finance director and company secretary. The             
company stands to benefit significantly from this experience as well as         
from his financial expertise.                                                   
The Board wishes to take this opportunity to congratulate Richard on his        
re-appointment and to welcome him back on the Board.                            
22 July 2011                                                                    
Cape Town                                                                       
Sponsor: PSG Capital (Pty) Limited                                              
Date: 22/07/2011 15:58:03 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.